New Issue: Citigroup sells $813,000 enhanced barrier digital notes on Russell, Nasdaq

By Kiku Steinfeld

Chicago, May 24 – Citigroup Global Markets Holdings Inc. priced $813,000 of 0% enhanced barrier digital securities due Nov. 3, 2022 linked to the worst performing of the Russell 2000 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

If the final level of the lesser-performing index is greater than or equal to its barrier level, 75% of its initial level, the payout at maturity will be par plus 12%. Otherwise, investors will be fully exposed to the decline of the lesser-performing index from its initial level.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Enhanced barrier digital securities
Underlying indexes:	Russell 2000, Nasdaq-100
Amount:	$813,000
Maturity:	Nov. 3, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of the lesser-performing index is greater than or equal to its barrier level, par plus 12%; otherwise, investors will be fully exposed to the decline of the lesser-performing index from its initial level
Initial levels:	13,860.76 for Nasdaq, 2,266.449 for Russell
Barrier levels:	10,395.570 for Nasdaq, 1,699.837 for Russell; 75% of initial levels
Pricing date:	April 30
Settlement date:	May 5
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.6%
Cusip:	17329F2W3

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